$5.89 million in Binance futures liquidations over the past hour, with long positions accounting for 96.8%. This round of liquidations was basically a wipeout of longs.
The largest liquidation was at $BTC , totaling $2.64 million.
After the one-sided liquidation of longs, leverage levels should be cleaner, but sentiment will take time to recover.
The largest liquidation was at $BTC , totaling $2.64 million.
After the one-sided liquidation of longs, leverage levels should be cleaner, but sentiment will take time to recover.
